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RDI forms 200 Day Moving Average Support on June 17
RDI posted a 4.0% gain on Wednesday, June 17th, accompanied by 0.7× normal trading volume. 200 DMA Support — typically a warning sign for traders — developed during the session. Key support levels exist at 1.24, 1.17 & 1.14, with resistance at 1.33, 1.36 & 1.43. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of RDI: B
This might just be the start. See what else showed up for RDI today.
Read full article here »